KuCoin Will Support the Token Migration of bZx Protocol (BZRX) to Ooki (OOKI)
12/16/2021, 16:19:54
Dear KuCoin Users,
KuCoin will support the migration of the BZRX token to the OOKI token. We will automatically complete the BZRX swap to OOKI for BZRX holders on KuCoin.
The arrangements are as follows:
1. The withdrawal and deposit services of BZRX will remain closed.
2. KuCoin will close the trading service for the BZRX/USDT and BZRX/BTC trading pairs at 08:00:00 on December 17, 2021 (UTC). We recommend that you cancel your pending orders and stop your Trading Bot(s) of BZRX as soon as possible.
3. To complete the migration, KuCoin will take snapshots of users’ BZRX assets at 12:00:00 on December 17, 2021 (UTC). After the snapshot, we will convert the BZRX to OOKI at a ratio of 1:10 (1 BZRX = 10 OOKI).
4. KuCoin will open the OOKI deposit service at 08:00:00 on December 29, 2021 (UTC).
5. KuCoin will open the trading service for the OOKI/USDT and OOKI/BTC trading pairs and the OOKI withdrawal service at 08:00:00 on December 30, 2021 (UTC).
Please note:
1. Minimum holding for eligibility: 4 BZRX;
2. The snapshots will include BZRX balances in Spot accounts (Main Account + Trading Account).
3. BZRX tokens that were in pending deposit or withdrawal at the time of the snapshots will not be counted towards your BZRX balance.
4. After the migration is completed, the BZRX token will no longer be supported on KuCoin.
For further information on the token swap, please refer to the Official Announcement.
Regards,
The KuCoin Team
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